Iohan Gili 4

What Happened Iohan Gili, a director of Varonis Systems, received an award of 7,224 restricted stock units (RSUs) on April 30, 2026. The grant is reported at $0.00 per unit (no cash exchanged at grant); shares will be deliverable upon vesting. This is an awards/grant transaction (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-30; filing date: 2026-05-01 (appears timely).
• Security and amount: 7,224 restricted stock units granted at $0.00 per unit.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: RSUs will vest and an equal number of common shares will be deliverable on May 31, 2027 (per footnote F1).
• Transaction type code: A = Award/Grant.

Context RSUs are a form of compensation that convert into actual shares if and when vesting conditions are met; they do not represent an immediate purchase or sale and are common for directors and executives. Because no shares were sold or bought today, this grant does not indicate a near-term liquidity event — the economic benefit depends on future vesting and the company's stock price at that time.